Hdfcbankanalysis
Good buy at support - small stop lossPrice is trading at the support level, one can go long with the closing of today's candle. The advantage of going long at the support level is you can have small stoploss.
HDFCBANK LONGI hope you can now see how HDFCBANK represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
HDFCBANK - BANKNIFTY SEEMS BULLISH11 - 12 AUG - A CHANNEL BREAKOUT IS EXPECTED IN THE COMING DAYS AND WILL LEAD TO A ROCKET FOR HDFCBANK
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
HDFC BANK go longHi guys this is Trader Kanishk
In this video i have analysed HDFC BANK
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Best time to enter HDFC Bank.HDFC Bank would be the best investment of your all trades in past and this year at this time.
Positional Traders:
Buy at whatever price. Targets: 1200 within 10 days, 1300 in a month, 1400 in a quarter and 1600 by year end.
Intraday traders:
Upwards movement - Entry/Buy Price: 1125-1140, Target 1166-1191-1220.
Downward movement - Despite that it would be short lived but if stock opens downwards, and breaches 1107 short it for target of 1089 -1067.
Note:- HDFC Bank will bounce back up, so traders if shorting should place cover orders (also called as bracket order).